Appraisal Services

Buffy King - Appraiser: Buffy is a registered professional member of the National Association of Real Estate Appraisers. Her familiarity with the area and real estate values, through her real estate agency, makes her a great choice to provide the appraisal for your purchase or sale.

LAND: We live on it, we work on it, we play on it and we fight over it. It is the most important and valuable commodity in the world today. At Advanced Appraisal Service we take Into account the geographic, social, legal, and economic factors and give you an accurate view of the a property's value and position in the market.

VALUE: Our appraisals estimate the market value of the property in its "as is" condition. The value estimate is subject to the definition of value, the assumptions and limiting conditions, and the certification that are contained in the full appraisal report.

STANDARDS: Our appraisals meet and exceed the uniform standards of professional appraisal practice (USPAP). The appraisal reports contain data, descriptions, maps, and pictures of the site. By reading our appraisal, even if you have not seen the property, you can have a detailed and intimate knowledge of the condition and value of the site and its position in the market. Then you can make a sound decision based on it.

SERVICE: Once we have delivered your appraisal, our service does not end there. If you have any questions on any part of the appraisal, call us and we will go over any questions you may have.

CHOICES: Advanced Appraisals offers you the opportunity to find out about property value with several reliable options to best fit your specific needs...

• Broker Price Opinion: $250. - Drawing on the experience of other appraisals and area values, this option provides a solid and reasoned opinion on price without the more detailed aspects of a formal appraisal. This is a good option for someone considering purchase or sale who wants a reasoned opinion on the value.
• Full Summary Appraisal:   Site Built Home $475.  -  Mobile Home $575. - This is the appraisal typically required by lending institutions and includes appropriate photographs and research of recent sales of similar properties. This is a formal appraisal.
• Next Day Full Summary Appraisal: $1,000. - The full summary appraisal - immediately.
• Two Day Full Summary Appraisal: $875. - The full summary appraisal - immediately.
• Turnaround times for residential house appraisal reports are typically a few days to 2 weeks in stable times.

COMPREHENSIVE APPRAISALS: - Our appraisals include (if requested)

• property summary
• certification of value
• photographs of the subject property
• sales histories
• regional and area data
• neighborhood data
• neighborhood trends
• improvement descriptions
• tax assessments
• highest and best use
• valuation-various approaches
• recommendations
• conclusion

CHOOSING AN APPRAISER: - Some things to consider when hiring an appraisal company are...

• Is the appraiser knowledgeable in the area and property for which you are hiring them? This is especially important for atypical properties or difficult appraisals where prior knowledge of the neighborhood will be very useful.
• Does the company doing your appraisal have the most appropriate data sources for the area and property type to be appraised? Some appraisers choose not pay for the best data sources to save money - which can adversely affect the appraisal report.
• Does the appraisal company provide professional service with reasonable appraisal fees and turnaround times? Residential fees can vary greatly depending on the region, property and time estimated to complete the appraisal report. The more complex the appraisal report, the higher the fees. While the national average for a standard residential property appraisal fee is around $350.00, fees do vary. Complex residential appraisal reports can exceed $1,000. House appraisal reports for FHA loans are not considered standard and tend to have higher fees due to the extra amount of work and time it takes to complete the report versus a report for a conventional loan.

Buffy King, State of Louisiana Real Estate Appraiser Board Certified License
Number R1476